Somnigroup Targets More Than 2,500 Mattress Firm Stores

Somnigroup International Inc. set 2026 adjusted earnings per share (EPS) guidance at $2.85 to $2.95 and outlined a multiyear plan to grow Mattress Firm to more than 2,500 stores.

Somnigroup tied the lower outlook to an enterprise resource planning (ERP) disruption at Dreams and higher transportation costs. The company put Dreams' sales decline at about 35% from a year earlier and estimated the disruption reduced sales by $50 million and adjusted EBITDA by $25 million. Somnigroup expects a recovery in early 2027.

For the planned Mattress Firm expansion, Somnigroup estimates an average enterprise-wide payback period of about 1.5 years per store.